Freeport-McMoran
FCX
744 hedge funds and large institutions have $14B invested in Freeport-McMoran in 2015 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 223 increasing their positions, 351 reducing their positions, and 83 closing their positions.
0.67% more ownership
Funds ownership: 73.04% → 73.71% (+0.67%)
3% less capital invested
Capital invested by funds: $14.4B → $14B (-$375M)
4% less funds holding
Funds holding: 774 → 744 (-30)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
27% less call options, than puts
Call options by funds: $725M | Put options by funds: $987M
29% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 83
36% less repeat investments, than reductions
Existing positions increased: 223 | Existing positions reduced: 351
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$267M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$261M |
| 3 |
Citigroup
New York
|
+$172M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$153M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$96.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$272M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$253M |
| 3 |
State Street
Boston,
Massachusetts
|
-$82.6M |
| 4 |
RL
Ruffer LLP
London,
United Kingdom
|
-$78.9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$59M |
FCX Hedge Fund Activity: Q2 2015 in Review
744 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Freeport-McMoran (FCX) for Q2 2015, worth a combined $14B — down 2.6% from $14.4B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of FCX and 59 opened new positions — a net loss of 24 holders — while 351 trimmed existing stakes and 223 added.
The largest buyer was Waddell & Reed Financial, adding an estimated $267M. The largest seller was Allianz Asset Management, cutting an estimated $272M.
- 744 institutional investors held Freeport-McMoran (FCX) as of Q2 2015, down from 774 in Q1 2015.
- Funds reported $14B of Freeport-McMoran stock for Q2 2015, down 2.6% quarter-over-quarter.
- 59 funds opened new Freeport-McMoran positions in Q2 2015 and 83 closed out, a net change of -24 holders.
- The largest Freeport-McMoran buyer in Q2 2015 was Waddell & Reed Financial, an estimated $267M added.
- The largest Freeport-McMoran seller in Q2 2015 was Allianz Asset Management, an estimated $272M sold.
Based on aggregated 13F filings for Q2 2015.